Temu is a relatively new player in the e-commerce market, rapidly gaining popularity due to extremely low prices and attractive promotions. The platform is controlled by the Chinese company Whaleco Technology Limited, which is part of PDD Holdings. It has managed to attract millions of users worldwide. However, despite the economic benefits and outward appeal, concerns are beginning to mount around the marketplace regarding product safety, data privacy, product quality, and intellectual property rights.
Starting a business in children's clothing is profitable, especially if you are considering sourcing products from China. With low prices and a wide selection, Chinese manufacturers offer favorable conditions for both startups and established businesses. However, one of the key tasks is selecting the correct size. The sizing chart for children's clothing from China differs from European standards. Therefore, to avoid misunderstandings and returns, it's important to understand these nuances well.
The waybill not only confirms the fact of cargo transportation but also serves as a basis for financial and accounting records. In this article, we will cover everything about the primary waybill document: what it is, why it is necessary, how to issue it, and what nuances should be considered.
Logistics is one of the key areas that ensure the functioning of business, trade, and production on a global level. A modern logistics company, integrating numerous functions, is a crucial element in managing material, information, and financial flows. But what is a logistics company, and what does it do? How does this complex system operate, and what services are provided? In this article, we will discuss in detail logistics companies and how they assist businesses in successfully organizing their supply chains.
On July 16, 2024, the Verkhovna Rada adopted in the second reading bills No. 11258 and No. 11259 after making amendments and additions. Both legislative acts concern the simplification of customs procedures for the importation of certain types of energy equipment, as well as mechanisms and components for demining.
If you are a toy store owner and want to fill your assortment with unusual items, you definitely need to look for them in China. For example, a blue rubber duck. Have you seen how cute it looks? And it costs quite a bit on Chinese platforms, so this duck will be a real find for your store.
Ordered a yoga mat from China but received a bathroom mat instead? Returning it takes a long time, and it's unclear if it's even possible, while the supplier claims they don't understand what the problem is? Well... looks like you'll have to practice yoga in the bathroom.
In the modern world of international trade, the speed of delivery while maintaining the integrity and operational characteristics of goods plays a key role. This process is regulated by Incoterms rules, which define the distribution of responsibilities between the parties in a trade transaction. They can be divided into two categories: universal, which apply to delivery by various modes of transport, and specialized, which are suitable only for maritime transport. The second category includes FOB Incoterm conditions, which are abbreviated as Free on Board.
International trade requires strict fulfillment of obligations by both parties to the foreign economic contract. These obligations are governed by the globally accepted Incoterms rules. One of the frequently used terms is EXW (Ex Works). The literal meaning of this term in English is "from the factory."
The DDP delivery terms are defined by the international Incoterms (International Commercial Terms), recognized worldwide. In September 2010, a new 8th edition of these rules was released, known as Incoterms 2010. The new rules came into effect on January 1, 2011.
China holds a leading position in the global economy thanks to its developed infrastructure and vast volume of international shipments. China's ports play a key role in global trade. Thousands of containers are dispatched from them daily to all corners of the world. Based on 2023 statistics, we have compiled this top 10 list of international ports. Their significance in the development of the global economy can be measured by their annual container cargo turnover.
For many companies shipping goods to the USA for the first time, customs clearance is a rather complex process. Implementing this process requires knowledge of the specifics of customs clearance for goods imported into the United States. At the same time, correctly completing all procedures can significantly reduce delivery time and minimize the risk of additional costs.
In international logistics, multimodal transport is an effective tool that allows for increased flexibility and speed of cargo delivery by utilizing the advantages of various modes of transportation. Multimodal transports are defined as transports that use multiple modes of transport but are governed by a single contract.
Any international logistics transportation is a complex process, regulated differently in each country. In the USA, customs law has strict import requirements, so in addition to the standard document check, customs authorities may selectively conduct an examination, i.e., a full inspection of the shipment. Each product category is overseen by the relevant regulatory agency. It is important to understand that any seller can be subject to an examination, so it is necessary to be prepared for such a situation.
One of the most common questions we receive from our clients concerns the legal aspects of importing children's toys into the USA: how to properly prepare the products, what the import rules are, how the certificate is issued, etc. It is important to understand that the import of this category of goods into the USA is strictly regulated and requires compliance with a number of safety requirements. In particular, the presence of a Children's Product Certificate (CPC) is necessary.
Proper classification of warehouses allows companies to optimize their logistics operations and ensure uninterrupted supply of goods to consumers. In this article, we will consider the different types of warehouses used in logistics, as well as their classification and the services provided by modern warehouse complexes.
In the modern world, where technology is developing at a rapid pace, drones have become an integral part of many industries. Whether it is aerial photography, territory monitoring, or cargo delivery, these unmanned aerial vehicles significantly simplify and accelerate the execution of various tasks. However, due to production limitations and high demand for drones in Ukraine, many are forced to seek alternative ways to acquire them. One of the most accessible and profitable options is the delivery of drones from China.
For many entrepreneurs and companies, importing goods from China is an excellent opportunity to save money and increase the profitability of their business. However, the cost of shipping cargo from China can constitute a significant portion of the total expenses, which reduces the margin. In this article, we will consider how to wisely approach the selection of goods and logistics services to maximize savings on the service of shipping cargo from China to Ukraine.
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